(MEAR) iShares Short Maturity - Ratings and Ratios

The iShares Short Maturity Municipal Bond ETF (MEAR) is a US-based ETF categorized under Muni National Short, providing investors with exposure to short-term municipal bonds. Its investment objective is to track the performance of the Bloomberg Barclays Managed Money Short Term Municipal Index, which comprises municipal bonds with short maturities.

Key Performance Indicators (KPIs) for MEAR include its yield, duration, and credit quality. Municipal bond ETFs like MEAR typically offer a relatively stable source of income, with yields influenced by short-term interest rates and municipal bond market conditions. The funds short duration helps mitigate interest rate risk, making it suitable for investors seeking to manage their exposure to rate fluctuations.

Economic drivers impacting MEARs performance include changes in short-term interest rates, municipal bond market liquidity, and credit conditions. The Federal Reserves monetary policy decisions, particularly regarding short-term interest rates, can significantly influence the funds yield and overall performance. Additionally, the creditworthiness of municipal bond issuers and the overall health of the municipal bond market can impact the funds credit risk and potential returns.

With an Assets Under Management (AUM) of $1.182 billion, MEAR offers a moderate level of liquidity, with an average trading volume of 105,052 shares. This liquidity, combined with its low beta of 0.080, suggests that the ETF is relatively stable and less sensitive to broader market fluctuations, making it a potential component of a diversified investment portfolio.